7 Ideas for Starting Your Own Niche Business

October 27, 2017

What kind of business do you want to start today? Without getting into any specifics, the answer is most likely “a highly profitable one.” What is highly profitable can drastically change with time.

Many moons ago, entrepreneurs started shoe shining businesses and few still exist. If you want to get in on a niche market and see yourself doing well, you need to shoot for what’s most popular at the given moment.

Special Diet Market

You probably know someone who has eliminated gluten from their diet. You might also know vegans or vegetarians, both of which are rising in their numbers These people need to eat, and there aren’t a lot of options.

As the numbers continue to grow, you can jump on board. Give people a great place to get a gluten-free vegan sandwich, and the meal will practically sell itself.

Cleaning Business

People are working two jobs and going to school at the same time. Many of them live with roommates, and their homes get a little chaotic. A budget-friendly cleaning service would feel like a miracle to many of those people. Even if you pass off the heavy junk hauling services to 1300 Rubbish, there’s still plenty of worthwhile cleanup work you can provide.

Drone Applications

Every day, the world gains a few more drone users. Businesses are having specialty drones created to make their jobs easier. Everything from short distance delivery to wildlife conservation is being managed through the use of drones.

Creating these specialty drones (or even inventing an entirely new specialty drone to revolutionize an industry) will provide you with an opportunity that is both lucrative and meaningful.

Specialty 3D Printing

As 3D printing technology is evolving, many startups are looking for new ways to use it. Most popularly, companies are using scanners and 3D printers to create customized statuettes of living people.

Think of them as caricatures, but in a futuristic sense. People who cosplay and attend themed events heavily rely on 3D printed customs. If there’s anything you can dream and create a filament suitable for 3D printing, now is the perfect time to jump on board.

Male Grooming Products

The golden age of the beard is back, and men aren’t afraid to pamper their beards. A lot of men avoid growing a beard because it’s itchy, coarse, and uncomfortable. This is exactly why beard grooming products are doing so well. When a beard is soft and the skin is nourished, the drawbacks are minimized. Men feel free to let it grow, and they’ll have you to thank for it.

Jacket Accessories

Many decades ago, people used to decorate their jackets and vests with funny slogans or political messages. Now, people are doing the same thing with an artful twist.

If you regularly browse through Instagram, you’ve probably noticed that enamel pins are making a comeback. If you want to work in a field that’s equally creative, technical, and profitable, start making pins, buttons, and patches.

Etsy Crafting

People’s ideas of living a successful life have changed. Many consumers prefer to buy handmade goods, and they’re willing to pay a little more to get them.

If you have any kind of handy skill at all, even if it’s making chairs or creating your own sewing patterns, Etsy is the place for you. It’s also beginner friendly for the first-timers who aren’t quite sure they’d be able to run their own business entirely independently.

The best way to decide what kind of niche business to start is to trust your gut. If you see that something oddly specific is becoming popular and you watch that popularity strengthen over time, jump in while the water is perfect.Melanie Saunders is a blogger and content manager at 1300 Rubbish – experts in the field of rubbish and junk removal. Personally, a huge fan of sustainability and green living.